Kentucky Statutes 393A.580 – Records obtained in examination
Current as of: 2024 | Check for updates
|
Other versions
Records obtained and records, including work papers, compiled by the administrator in the course of conducting an examination under KRS § 393A.560:
(1) Shall be subject to the confidentiality and security provisions of KRS § 393A.770 to
393A.830 and are not public records;
(2) May be used by the administrator in an action to collect property or otherwise enforce this chapter;
(3) May be used in a joint examination conducted with another state, the United States, a foreign country or subordinate unit of a foreign country, or any other governmental entity if the governmental entity conducting the examination is legally bound to maintain the confidentiality and security of information obtained from a person subject to examination in a manner substantially equivalent to KRS
393A.770 to 393A.830;
(4) Shall be disclosed, on request, to the person that administers the unclaimed property law of another state for that state’s use in circumstances equivalent to circumstances described in KRS § 393A.550 to KRS § 393A.650, if the other state is required to maintain the confidentiality and security of information obtained in a manner substantially equivalent to KRS § 393A.770 to KRS § 393A.830;
(5) Shall be produced by the administrator under an administrative or judicial subpoena or administrative or court order; and
(6) Shall be produced by the administrator on request of the person subject to the examination in an administrative or judicial proceeding relating to the property.
Effective: July 14, 2018
History: Created 2018 Ky. Acts ch. 163, sec. 58, effective July 14, 2018.
(1) Shall be subject to the confidentiality and security provisions of KRS § 393A.770 to
Terms Used In Kentucky Statutes 393A.580
- Action: includes all proceedings in any court of this state. See Kentucky Statutes 446.010
- Administrator: means the Kentucky State Treasurer. See Kentucky Statutes 393A.010
- Foreign: when applied to a corporation, partnership, limited partnership, business trust, statutory trust, or limited liability company, includes all those incorporated or formed by authority of any other state. See Kentucky Statutes 446.010
- Person: means an individual, estate, business association, public corporation, government or governmental subdivision, agency, or instrumentality or other legal entity. See Kentucky Statutes 393A.010
- Security: means :
(a) A security as defined in KRS §. See Kentucky Statutes 393A.010 - State: means a state of the United States, the District of Columbia, the Commonwealth of Puerto Rico, the United States Virgin Islands, or any territory or insular possession subject to the jurisdiction of the United States. See Kentucky Statutes 393A.010
- Subpoena: A command to a witness to appear and give testimony.
393A.830 and are not public records;
(2) May be used by the administrator in an action to collect property or otherwise enforce this chapter;
(3) May be used in a joint examination conducted with another state, the United States, a foreign country or subordinate unit of a foreign country, or any other governmental entity if the governmental entity conducting the examination is legally bound to maintain the confidentiality and security of information obtained from a person subject to examination in a manner substantially equivalent to KRS
393A.770 to 393A.830;
(4) Shall be disclosed, on request, to the person that administers the unclaimed property law of another state for that state’s use in circumstances equivalent to circumstances described in KRS § 393A.550 to KRS § 393A.650, if the other state is required to maintain the confidentiality and security of information obtained in a manner substantially equivalent to KRS § 393A.770 to KRS § 393A.830;
(5) Shall be produced by the administrator under an administrative or judicial subpoena or administrative or court order; and
(6) Shall be produced by the administrator on request of the person subject to the examination in an administrative or judicial proceeding relating to the property.
Effective: July 14, 2018
History: Created 2018 Ky. Acts ch. 163, sec. 58, effective July 14, 2018.